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Court Grants Sowore N10m Bail Amidst Protest Against IGP Egbetokun’s Tenure

The Federal High Court in Abuja on Thursday granted bail to human rights activist and former presidential candidate, Omoyele Sowore, in the sum of N10 million. The court’s decision came as Sowore faced a 17-count charge of cybercrime, including allegations of defaming

January 31, 2025

NLC Rejects 50% Telecom Tariff Hike, Proposes 5% Alternative

The Nigeria Labour Congress (NLC) has firmly rejected the 50 per cent telecommunications tariff hike recently approved by the Nigerian Communications Commission (NCC), proposing a more moderate 5 per cent increase instead. The labour union also reiterated its commitment to staging a

January 31, 2025

CBN Clears $7bn FX Backlog, Restores Investor Confidence

The Central Bank of Nigeria (CBN) has successfully cleared the outstanding $7 billion foreign exchange (FX) backlog following a rigorous verification exercise conducted by forensic auditors. The Governor of the CBN, Olayemi Cardoso, made this announcement on Wednesday at the launch of

January 31, 2025

Terrorist Leader Bello Turji Expresses Willingness to Surrender – Defence Chief

The Chief of Defence Staff, General Christopher Musa, has revealed that Bello Turji, a notorious terrorist leader operating in northern Nigeria, has signaled his willingness to surrender to authorities. General Musa disclosed this development during an interview on Channels Television’s Politics Today

January 31, 2025

SEC DG Vows Tough Sanctions for Capital Market Violations

Director-General, Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, yesterday, warned that anyone who violated the capital market regulations will be brought to justice. Speaking to journalists at the official launch of the Norrenberger Asset Management Limited and 2025 Capital Market Outlook,

January 30, 2025

GHL Directors Seek $1bn Each in Damages from First Bank for Defamation

Following Wednesday’s landmark victory for General Hydrocarbons Limited (GHL) at the Federal High Court in Lagos, which set aside an order of Mareva injunction freezing it’s assets in a suit with First Bank Holdings Plc, directors of the oil and gas company

January 30, 2025

NAFDAC Shuts Aba Cemetery Market Again, Seizes Fake Food, Beverages Worth ₦5 Billion

In a decisive effort to combat the spread of fake and substandard products, the National Agency for Food and Drug Administration and Control (NAFDAC) has launched Operation Clean Up Aba. This operation involved sealing off the notorious Cemetery Market in Aba, Abia

January 30, 2025

I’d Still Criticise APC If I Was In Tinubu’s Cabinet, El-Rufai Tells Bwala

The verbal exchange between former Kaduna State Governor Nasir El-Rufai and presidential media aide Daniel Bwala continued on Thursday. El-Rufai stated that he would still criticize the All Progressives Congress (APC) even if he were serving as a minister in President Bola

January 30, 2025

NLC Mobilizes for Nationwide Rally Against Rising Telecom Charges

The Nigeria Labour Congress (NLC) says it will embark on a nationwide mass rally on Tuesday, February 4, 2025, in protest of the 50 per cent telecom tariff increase recently approved by the Nigerian Communications Commission (NCC). According to a communique signed

January 30, 2025

BREAKING! Passenger Jet, Army Helicopter Collide in Washington DC, Crashing into Potomac River

A tragic mid-air collision between an American Airlines passenger jet and a U.S. Army Black Hawk helicopter has resulted in a catastrophic crash into the Potomac River near Ronald Reagan National Airport. Emergency response teams, including divers and rescue boats, are actively

January 30, 2025

BREAKING: GHL FLOORS FIRST BANK IN COURT

JUSTICE DIPEOLU SETS ASIDE FREEZING ORDERS AGAINST GHL JUDGE SAYS FIRST BANK SUPPRESSED RELEVANT FACTS TO SECURE ORDER In a landmark victory for General Hydrocarbons Limited, the Federal High Court in Lagos has set aside an order of Mareva injunction freezing the

January 29, 2025

Tesla To Report Results For First Time Since Trump Elected President

Tesla is set to report earnings Wednesday for the first time since President Donald Trump — a close ally of CEO Elon Musk — returned to the White House. The fourth-quarter results conclude a mixed year for Tesla. While the company’s profits

January 29, 2025

FG Unveils Initiative To Reduce Business Cost At Nigerian Ports

The Minister of Marine and Blue Economy, Gboyega Oyetola has announced that the Federal Government’s plan to implement the National Single Window (NSW) aimed at reducing the cost of doing business at the Nigerian Ports. The Nigerian Ports Authority in a statement

January 29, 2025

FG Deploys E-Border Solution In 40% Of Borders

The Federal Government said it has deployed an e-border solution in 40 per cent of the country’s borders. The Minister of Interior, Olubunmi Tunji-Ojo, disclosed this in Abuja, during a media parley and interactive session on Tuesday. According to him, the move

January 29, 2025

Alibaba Releases AI Model, Says Surpasses DeepSeek

Chinese Tech Company Alibaba on Wednesday released a new version of its Qwen 2.5 artificial intelligence model that it claimed surpassed the highly acclaimed DeepSeek-V3. A report by Reuters said the unusual timing of the Qwen 2.5-Max’s release, on the first day

January 29, 2025

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